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Solid State PLC Fundamentals

Company NameSolid State PLCLast Updated2024-03-28
IndustryElectronic ComponentsSectorTechnology
Shares in Issue11.343 mMarket Cap£152.56 m
PE Ratio20.14Dividend per Share£0.20
Dividend Yield1.55Dividend Cover3.19
EPS£0.63EPS Growth (%)1.19
PEG0DPS Growth (%)0.1618
Debt Ratio0.1384Debt Equity Ratio0.1956
Asset Equity Ratio1.7010Cash Equity Ratio0.1427
Quick Ratio1.0526Current Ratio2.04
Price To Book Value2.4722ROCE0

Solid State PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Interim2024-01-252024-02-16GBP0.0700
Prelim2023-09-072023-09-29GBP0.1350
Interim2023-01-262023-02-17GBP0.0650
Prelim2022-09-012022-10-05GBP0.1325
Interim2022-01-272022-02-18GBP0.0625
Prelim2021-09-022021-09-24GBP0.1075

Solid State PLC Company Financials

Assets202320222021
Tangible Assets£6.70 m£5.40 m£5.46 m
Intangible Assets£41.56 m£15.83 m£16.56 m
Investments000
Total Fixed Assets£48.64 m£21.77 m£22.01 m
Stocks£33.23 m£17.60 m£10.63 m
Debtors£16.54 m£15.07 m£11.84 m
Cash & Equivalents£12.22 m£4.98 m£6.91 m
Other Assets000
Total Assets£113.79 m£62.33 m£53.97 m
Liabilities202320222021
Creditors within 1 year£38.56 m£27.92 m£15.73 m
Creditors after 1 year£17.27 m£7.33 m£12.73 m
Other Liabilities000
Total Liabilities£55.83 m£35.25 m£28.46 m
Net assets£57.95 m£27.08 m£25.50 m
Equity202320222021
Called up share capital£567,000.00£428,000.00£428,000.00
Share Premium£30.48 m£3.63 m£3.63 m
Profit / Loss£8.44 m£3.50 m£4.20 m
Other Equity£57.91 m£27.08 m£25.50 m
Preference & Minorities£47,000.0000
Total Capital Employed£57.95 m£27.08 m£25.50 m
Ratios202320222021
Debt Ratio£0.20£0.09£0.18
Debt-to-Equity£0.25£0.10£0.22
Assets / Equity1.70101.70101.7010
Cash / Equity0.14270.14270.1427
EPS£0.65£0.30£0.46
Cash Flow202320222021
Cash from operating activities£9.05 m£5.04 m£6.50 m
Cashflow before financing£44.79 m£264,000.00£8.14 m
Increase in Cash£9.31 m-£4.01 m£3.44 m
Income202320222021
Turnover£126.50 m£85.00 m£66.28 m
Cost of sales£86.83 m£57.47 m£46.36 m
Gross Profit£39.67 m£27.53 m£19.92 m
Operating Profit£9.41 m£3.73 m£4.29 m
Pre-Tax profit£8.44 m£3.50 m£4.20 m

Solid State PLC Company Background

SectorTechnology
ActivitiesSolid State PLC is engaged in manufacturing as well as the distribution of electronic components and materials. The company's operating segment includes divisions which are Components and Systems. It generates maximum revenue from the Components division segment. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. It generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.
Latest Interim Date5 Dec 2023
Latest Fiscal Year End Date4 Jul 2023

Solid State PLC Directors

AppointedNamePosition
2019-08-29Mr. John Michael LaveryNon-Executive Director
2023-09-06Mr. Peter HainingCompany Secretary
2023-07-06Mr. Nigel Foster RogersNon-Executive Director,Chairman
2010-07-28Mr. Lewis Cyril Ashby NewnhamNon-Executive Director,Deputy Chairman
2024-02-09Mr. Gary Stephen MarshExecutive Director,Chief Executive Officer
2014-12-30Mr. William George MarshNon-Executive Director
2014-12-30Mr. Gordon Leonard CombenNon-Executive Director
2020-03-30Mr. Anthony B FrereNon-Executive Director,Chairman
2024-02-09Mr. John L MacmichaelExecutive Director,Managing Director, Solid State Supplies Ltd
2023-07-06Mr. Peter MagowanNon-Executive Director,Senior Independent Director
2024-02-09Mr. Matthew Thomas RichardsExecutive Director,Managing Director, Steatite Ltd
2024-02-09Mr. Peter Owen JamesExecutive Director,Chief Financial Officer
2023-07-17Ms. Samantha Jane Smith Non-Executive Director

Solid State PLC Contact Details

Company NameSolid State PLC
Address2 Ravensbank Business Park, Hedera Road, Redditch, B98 9EY
Telephone+44 1892839300
Websitehttps://www.solidstateplc.com

Solid State PLC Advisors

SolicitorShakespeare Martineau LLP
Phone+44 1212140000
Fax+44 1212373011
RegistrarNeville Registrars Ltd
Phone+44 1215851131
Fax+44 1215851132
StockbrokerWH Ireland Ltd
Phone+44 2072201666
Fax+44 2072201667
StockbrokerFinnCap
Phone+44 2072200500
Fax+44 2076001659
BankLloyds Bank PLC
Financial PR AdviserWalbrook PR
Phone+44 2079338780
Fax+44 2079338781
SolicitorShakespeares LLP
Phone+44 2079176193
Fax+44 2074390262
Nominated AdviserWH Ireland Limited
Phone+44 2072201666
Fax+44 2072201667
Nominated AdviserWH Ireland Ltd
Phone(020) 7220 1666
AuditorHaysmacintyre
Phone+44 2079695500
Fax+44 2079695600